provable debt

noun

  • Banking and Finance
  • Debtor-Creditor
  • Bankruptcy Law

Definitions of provable debt

  • (often: provable debts) debts that a creditor (=a person who is owed money) can show to exist. The term is usually used in reference to a bankruptcy.

    The liquidators argued that the charges were provable debts.

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Phrase Bank for provable debt

Additional Notes for provable debt